Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
jagersimon1
New Member

Hello. My 17-year-old child earned $8820.74 in part-time work in 2017. After completing their tax return is shows a refund due to CPP overpayment, is this correct?

this would be the first tax return.

1 Best answer

Accepted Solutions
TurbotaxRobert
Level 2

Hello. My 17-year-old child earned $8820.74 in part-time work in 2017. After completing their tax return is shows a refund due to CPP overpayment, is this correct?

Yes, you are only eligible to contribute to CPP from the age of 18 to 65 therefore any CPP premium contributions made prior to your 18th birthday would be refunded via your tax return.

View solution in original post

1 Reply
TurbotaxRobert
Level 2

Hello. My 17-year-old child earned $8820.74 in part-time work in 2017. After completing their tax return is shows a refund due to CPP overpayment, is this correct?

Yes, you are only eligible to contribute to CPP from the age of 18 to 65 therefore any CPP premium contributions made prior to your 18th birthday would be refunded via your tax return.

About Community

Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement.

3.49m
Members

2.63m
Discussions

v